Every dollar you fail to deduct is a dollar given to the IRS unnecessarily. We audit your general ledger to ensure maximum deduction capture.
The Qualified Business Income (QBI) deduction allows eligible pass-through entities to deduct up to 20% of their net business income. We engineer your wages to maximize this threshold.
Tracking business mileage and segregating 50% deductible client meals from 100% deductible company-wide team building events is highly lucrative when tracked correctly.
Let us review your previous returns for completely missed opportunities.
Start NowStingley CPA - the United States Based Certified Public Accountants
The Qualified Business Income deduction allows eligible owners of pass-through entities (LLCs, S-Corps, Sole Props) to deduct up to 20% of their qualified business income from their personal taxes.
Standard client meals are generally 50% deductible. However, company-wide recreational events (like a holiday party) can be 100% deductible if structured correctly.
You must use a specific area of your home EXCLUSIVELY and REGULARLY for business. You can then deduct a percentage of your rent/mortgage, utilities, and internet based on the square footage used.